Regionalized liquidity: A cross-country analysis of mobile money deployment and inflation in developing economies

2022 ◽  
Vol 152 ◽  
pp. 105781
Author(s):  
Christina M. Qiu
Keyword(s):  
Developing Economies ◽  
Mobile Money ◽  
Country Analysis ◽  
Cross Country

scholarly journals Volatility in Discretionary Public Spending and Economic Growth: A Cross Country Analysis

2020 ◽  
Vol 59 (1) ◽  
pp. 45-68
Author(s):  
Muhsin Ali ◽  
Karim Khan
Keyword(s):  
Economic Growth ◽  
Economic Performance ◽  
Developing Economies ◽  
Public Spending ◽  
Jel Classification ◽  
Developed Economies ◽  
Potential Control ◽  
Country Analysis ◽  
Cross Country ◽  
The Impact

Volatility in discretionary public spending has diverse implications for the overall economic performance of economies. In this study, we examine the impact of volatile non�systematic discretionary public spending on economic growth. By employing cross-country data of 74 developed and developing economies, we find that volatility in non-systematic discretionary public spending has an adverse impact on economic growth. In particular, such impact is severe in the case of less developed economies. Our findings are robust to the problem of endogeneity. In order to ensure the accuracy of the results, we conduct sufficient sensitivity analysis by incorporating a bunch of potential control variables. In most of the cases, the results with regard to the policy volatility remain intact. This suggests that effective spending rules, i.e. permanent numerical limits, should be imposed on budgetary aggregates to restrain governments from the volatile use of discretionary spending. JEL Classification: H3; H5 Keywords: Volatility in Discretionary Public Spending, Economic Growth, Effective Spending Rule

scholarly journals Analysis of financial literacy and its effects on financial inclusion in Uganda

2021 ◽  
Vol 10 (3) ◽  
pp. 67-83
Author(s):  
Jason Kasozi ◽  
Daniel Makina
Keyword(s):  
Financial Literacy ◽  
Developing Economies ◽  
Logistic Models ◽  
Principal Component ◽  
Financial Inclusion ◽  
Demand Side ◽  
Ceteris Paribus ◽  
Mobile Money ◽  
Novel Approach ◽  
Cross Country

The paper investigates whether financial literacy influences financial inclusion in Uganda on the premise that there are currently few to no studies that investigate this causality and the general lack of consensus on an appropriate measure for financial literacy. It uses data from the FinScope (2018) consumer survey on Uganda and applies Principal Component Analysis (PCA) to construct a composite financial literacy index of the adult bankable population (16 years and older). The index is then regressed - alongside other demand-side control variables, against a measure of financial inclusion using logistic models. Our measure of financial literacy significantly and positively affects financial inclusion in Uganda even in the presence of variables like age, gender, income, and education. Individuals who make financial ends meet, plan for their financial future welfare, seek financial advice, and are receptive towards technology, are 'ceteris paribus', more likely to be financially included than not. Technology and mobile money adoption enhance financial inclusion while more men are financially included than women. While the dataset is limited to demand-side variables of Uganda and cannot be generalised, comparative cross-country studies with robust datasets are needed to provide further insights. The paper advances a novel approach for measuring financial literacy for developing economies while contributing to efforts to standardize an international measure. It also provides empirical insights to support the notion that financial literacy should be addressed more holistically and recommends this approach for improving financial inclusion in Uganda and globally.

scholarly journals Cross-Country Analysis of Energy Subsidies Efficiency

2019 ◽  
Vol 12 (5) ◽  
pp. 101-110
Author(s):  
A. K. Karayev ◽  
V. V. Ponkratov
Keyword(s):  
Empirical Model ◽  
Fossil Fuels ◽  
Oil And Gas ◽  
Developing Economies ◽  
Public Support ◽  
Oil Extraction ◽  
Energy Subsidies ◽  
The Usa ◽  
Country Analysis ◽  
Cross Country

The subject of the research is energy subsidies of states for fossil fuels that remain high, which constitutes according to IMF 6.5% of the world GDP and is used by many states as an important instrument for agriculture and industry development, for job creation, as well as for energy safeguarding. However, energy subsidies often cause energy overconsumption, natural resources exhaustion acceleration and decrease stimuli for investments into green power engineering and renewable energy, which resulted in the 2009 agreement of G20 countries to start stage-by stage reducing fossil fuels subsidies.The purpose of the article is developing a model for quantitative assessment of oil extraction public support. On the basis of the empirical model developed, a cross-country analysis of comparative oil extraction public support efficiency in five countries (three of them developed economies: the USA, Canada, Norway; two countries with developing economies and emerging markets: Brazil, Russia) in 2000–2017 using analysis of the functioning surroundings Data Envelopment Analysis (DEA) that allows to uncover not only technical, but also cost effectiveness of budgetary oil extraction support. The data for the empirical model are selected from the statistical database of OECD.The results obtained demonstrate that the intensifying of oil and gas sector development practically does not correlate with public policy actions in Russia, and urgent measures to eliminate ineffective energy subsidies are necessary. 

Trends and forecasts of the global availability of food

2020 ◽  
Vol 16 (7) ◽  
pp. 1297-1316
Author(s):  
O.N. Terent'eva
Keyword(s):  
High Risk ◽  
Growth Rates ◽  
Statistical Data ◽  
Economic Security ◽  
Agricultural Products ◽  
Mortality And Morbidity ◽  
National Economic ◽  
Production Growth ◽  
Country Analysis ◽  
Cross Country

Subject. The stable supply of food to people is a cornerstone for the national economic security, while a lack of food or its expensiveness may undermine the economy, principles of power, and cause panics and wars. Malnutrition and hunger are critical indicators of the insufficient foods supply. Objectives. The article indicates which countries have high risk of hunger, and predicts its further movement. I also evaluate factual trends in the availability of food across countries. Methods. The study refers to statistical data in public domain, including the FAOSTAT. I apply methods of ranking, abstraction, prediction. Results. I performed the cross-country analysis and discovered that 117 countries demonstrated signs of malnutrition. The article sets forth a technique for splitting countries into five groups by level of hunger risk. The article compares data on hunger in the countries and consequences of mortality and morbidity. I ranked countries by key types of agricultural products and explained their production growth rates for a span of 18 years. I predicted how countries would be ranked in terms of hunger from 2030 to 2050, and found the extent to which the hunger risk will escalate in more flourishing countries. Conclusions and Relevance. Hunger and shortage of food seem invincible in the countries where people are hungry or very hungry. Sometimes it appears almost impossible for respective governments to solve the issue. Triggering the systemic hunger, such factors and premises are beyond control of starving countries. Hence, the international community should provide their support and aid to them.

Mobile Money - A Catalyst for Financial Inclusion in Developing Economies: A Case Study of Zimbabwe using FinScope Survey Data

GIS Business ◽  
2016 ◽  
Vol 12 (4) ◽  
pp. 45-56
Author(s):  
Kingstone Mutsonziwa ◽  
Obert K. Maposa
Keyword(s):  
Rural Communities ◽  
Developing Economies ◽  
Adult Population ◽  
Financial System ◽  
Financial Inclusion ◽  
Viable Option ◽  
Mobile Money ◽  
Bank Branches ◽  
Financial Transactions

Mobile money in Zimbabwe has extensively extended the frontiers of financial inclusion to reach millions who were earlier excluded within a relatively short space of time. The growing use of mobile phones in transferring money and making payments has significantly altered the countrys financial inclusion landscape as millions who had been hitherto excluded can now perform financial transactions in a relatively cheap, reliable and secure way. The FinScope results found out that 45% of the adult population use mobile money services. Of those using mobile money, 65% mentioned that is convenient, while 36% mentioned that it is cheap. Mobile money is accessible. These drivers are in the backdrop of few or no bank branches in rural communities as well as time and cost of accessing the bank branches. In Zimbabwe, mobile money is mostly used as a vehicle for remittances. While some people are enjoying mobile money services, it is important to mention that there are still people who are excluded from the formal financial system. The reasons why people do not use mobile money are mainly related to poverty issues. Mobile money remains a viable option to push the landscape of financial inclusion in Zimbabwe and other emerging markets where the formal financial system might not be strong.

Sign in / Sign up

Export Citation Format

Share Document